Struggling with Limited Space in Your Property? Here are Some Ideas

A common issue in properties located at the heart of the city—limited space keeps being a persistent hindrance in getting the best out of your property.

This is apparent for people who rent out both empty rooms and fully furnished ones. But especially the fully furnished one. But not to fret, limited space is something that we can work with.

Ideas for small space property

Get your creativity juice pumped and get to work sprucing up what limited space you have to a high-demand property.

Consider redesigning to a mezzanine style room

This is obviously not an option for everyone as not all rooms have sufficient ceiling space to get build a mezzanine. However, if your rooms allow it, don’t hesitate to go for it.

Mezzanine style rooms have become increasingly popular. Space upstairs does not have to be its own dedicated room. Making use of the available space to place a bed, for instance, would help make use of the available room very effectively.

An example would be making the use of mezzanine in a bedroom. Most of the time, the bed is the one piece of furniture that really take up the most space. Placing the bed above would not only save space but also create a much more “breathable” look for your small bedroom.

Having such a huge chunk of furniture “out of the way” is a single, super effective way of getting the best out of your space and in turn, increase the value of your property.

Wall-attached “floating” stands

These floating stands that are often attached to the wall is often a very useful feature when you’re short of space. These stands can be used as a substitute to a desk for storage purposes.

They are especially excellent as a place to put decorations on. A common example of these decors are the small potted houseplants. Even though your property’s not so big, that does not mean that you should forgo decors altogether. The key is keeping it simple with minimum clutter.

Maximise the use of dead space for storage. There are a number of “dead space’ or those that you wouldn’t be able to use effectively.

Bright colors are the rule to a spacious-looking room

Whites especially have that “widening” effect. It does not have to be the blinding ivory if you’re not quite fond of it. It simply has to be a neutral colour that stays consistent throughout the room—and even extended to the visible parts of the room outside.

Get your rental property’s room uncluttered. De-cluttering helps tremendously in maintaining a clean, tidy, and spacey feel of any room.

A major rearrangement of your furniture

If you’re renting a fully-furnished apartment that just looks plain claustrophobic, it’s high time to get your furniture arrangement going. Replace your pieces of furniture if you feel it’s necessary.

Do some repainting of the walls or the furniture to get the shades consistent, or at least, complement each other. A well-planned and well-designed furniture rearrangement go a long way.

Consequences of Relying on Cheap Price to Hire Property Manager

Mistakes sometimes are inevitable. However, making mistake can be part of learning in life that you wouldn’t find any other way. However, there is also time when you can prevent yourself from making mistakes including in when you are dealing with your property business.

One of the most common mistakes made by investors is relying solely on cheap price to find and hire property manager.

There is nothing wrong with you trying to save money because it is one of the most important supports for your business after all. However, if you decide everything based on cheap price, you will likely face more problems in the future.

Consequences when choosing property management service base on price

Choosing property management service based on price

As mentioned earlier that there is nothing wrong if you are trying to save every little money that you have earned so hard. However, you also need to make sure if what you pay is worth it. If you choose something only because of its cheap price, you may not get something good in return.

Choosing property manager due to cheap price may cause some costly consequences.

Your property need good management. It means you will need to plan your finance. You can manage your rental property on your own. However, will you do a good job?

Will it cost even more money than necessary? Will you be able to keep up for a long run?

Those questions may be simple but not easy to answer because property managements comes with money and time. If you decide to do it, you need to dedicate your time doing all the cores such as repairing, chasing money, building good relationship with your tenant, etc.

Due to those considerations, you may start to realize that hiring property manager is necessary for your business to go smoothly. However, you also need to keep in mind that not all property manager are good.

Finding the right property manager is challenging. However, it is totally worth it once you found it. Securing the best property manager offering best management service is very important.

You may need to consider many factors to find good property manager, price included.

Quality service over cheap price

Management fee is vital for your property business that you should include it into your financial plan. However, it doesn’t mean you should find the cheapest property manager because you not get something good in return.

Instead of relying solely on the price, it is more recommended to good service and quality as consideration.

It is challenging to find high quality property manager but it is not a mission impossible. There are some signs you can notice of good or bad property managers.

Choose a property management company with dedication and passion in doing their work. Choose the one that offer proactive, reactive, and effective maintenance.

You also need to choose the one that offers routine inspection, advice, effective operation. If you consider quality over cheap price, you will receive something good in return. The money you spend will be worth it as well.